Xiaomi has made a remarkable entry into the electric vehicle (EV) market with its SU7 sedan, dubbed 'China's Apple car.' Launched in December 2023, the SU7 has recorded impressive sales, delivering over 135,000 vehicles in just 2024. The electric sedan is priced competitively, undercutting the popular Tesla Model 3, which has contributed to its strong demand. Xiaomi aims to build on this momentum with the introduction of the YU7, a crossover model expected to attract even more customers. With a target of 300,000 sales in 2025, Xiaomi is rapidly making a name in the EV industry.
Xiaomi's SU7 is a striking success in the EV market, delivering over 135,000 vehicles in 2024, showcasing the company's significant ambitions in the automotive sector.
By underpricing competitors like the Tesla Model 3, Xiaomi's SU7 is capturing consumer interest while setting an aggressive target of 300,000 sales in 2025.
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